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31

Jul 2015

200 GW Of Solar Capacity In Ch...

31

Jul 2015

Germany Achieved A 78% Renewab...

31

Jul 2015

Report: Australia To Lose $350...

31

Jul 2015

Report: Wind Energy Provided 8...

29

Jul 2015

SkyPower Agrees To Develop 1 G...

29

Jul 2015

450 MW Solar PV Project In Mul...

29

Jul 2015

Texas Microgrid Integrating 9 ...

27

Jul 2015

Finances Secured For 200 MW Du...

27

Jul 2015

Yingli To Supply 240 MW Solar ...

26

Jul 2015

Toyota Prius Taxi Hits 600,000...

26

Jul 2015

Panasonic Donates Solar Lanter...

23

Jul 2015

Island Leaders Endorse Action ...

23

Jul 2015

Amazon.com Strikes Deal To Pur...

23

Jul 2015

Report: Global Energy Storage ...

21

Jul 2015

Solar + Battery Storage Cheape...

21

Jul 2015

Enel Green Putting $220 Millio...

21

Jul 2015

Enel Green Power Signs $3.5 Bi...

21

Jul 2015

SkyPower Scores 150 MW Solar A...

17

Jul 2015

Solar Powered Desalination Pro...

17

Jul 2015

Nearly $600 Billion Dollars Wo...

16

Jul 2015

Thailand’s Solar Energy ...

16

Jul 2015

China Reaches 10 GW Milestone ...

16

Jul 2015

SunnyMoney Recognized Via Unil...

16

Jul 2015

India Issues Detailed Guidelin...

14

Jul 2015

India Announces Loan Scheme Fo...

14

Jul 2015

India’s Adani Power Plans $7...

13

Jul 2015

Updated Stella Lux Solar Car P...

13

Jul 2015

India Details 40 GW Rooftop So...

12

Jul 2015

National Solar Thermal Test Fa...

10

Jul 2015

Largest Concentrating Solar Pr...

09

Jul 2015

EV Sales In UK Boom—350%...

09

Jul 2015

Fraunhofer ISE Opens New Resea...

07

Jul 2015

Emirates Insolaire Completes W...

07

Jul 2015

Toronto To Offer ‘10-Min...

06

Jul 2015

Mitsubishi Outlander Plug-In H...

06

Jul 2015

World’s First Electricit...

03

Jul 2015

Global Solar PV Market Forecas...

03

Jul 2015

Google Offering $5 Million For...

02

Jul 2015

India Expected To Add 3.5 GW O...

02

Jul 2015

Japan’s SoftBank Announces $...

02

Jul 2015

Protected Bike Lane Network La...

30

Jun 2015

Wiser Capital Survey: 2/3 Of L...

30

Jun 2015

Al Gore Using Zayed Future Ene...

29

Jun 2015

Renault-Nissan Sells Its 250,0...

29

Jun 2015

First Solar Providing Solar PV...

27

Jun 2015

Etihad Airways Unveils Roadmap...

26

Jun 2015

Report: Renewable Energy Is Bi...

25

Jun 2015

Schneider Electric Building Ne...

24

Jun 2015

Seattle’s Pronto Bikesha...

24

Jun 2015

Sidewalk Labs—GoogleR...

23

Jun 2015

SunShot Catalyst Prize Competi...

23

Jun 2015

Schneider Electric Gets 100 MW...

22

Jun 2015

India’s Crosses 4 GW Install...

22

Jun 2015

ABB Wins $20 Million Order To ...

21

Jun 2015

Indian Government Puts Stamp O...

21

Jun 2015

Fraunhofer ISE Director Eicke ...

20

Jun 2015

Japan Headed Towards Solar Ene...

19

Jun 2015

Samsung SDI Unveils 5.5 kWh &a...

18

Jun 2015

SunEdison Raises $403 Million ...

17

Jun 2015

New Conversion Efficiency Worl...

17

Jun 2015

City Of Cologne Now First In M...

15

Jun 2015

India Plans Dedicated Renewabl...

15

Jun 2015

India Considers Tax Incentives...

15

Jun 2015

One Of Russia’s Oil Baro...

14

Jun 2015

Submission Deadline For Zayed ...

12

Jun 2015

35-Story Wooden High-Rise To B...

12

Jun 2015

Fraunhofer + Partners Have Dev...

10

Jun 2015

Santander Creates New $2 Billi...

10

Jun 2015

Oldest Operating Wind Turbine ...

10

Jun 2015

Amazon Brings Solar Power Stor...

10

Jun 2015

Tech Giant Naver Commits To 10...

08

Jun 2015

CEOs In Charge Of $12 Trillion...

08

Jun 2015

Arnold Schwarzenegger Destoys ...

05

Jun 2015

Ground Broken On 82 MW Solar P...

05

Jun 2015

Chevy EN-V 2.0 Electric Vehicl...

04

Jun 2015

Most Energy Efficient Cities I...

04

Jun 2015

WFES Solar Expo—World Fu...

03

Jun 2015

Electric Cars Becoming More &a...

02

Jun 2015

Panasonic Entering Australian ...

02

Jun 2015

United PV Co-Investing In 1 GW...

02

Jun 2015

2015 Electric Vehicle Dealersh...

02

Jun 2015

BYD Tang Plug-In SUV Going On ...

29

May 2015

Solar Boat Competition Set For...

29

May 2015

Solar Light Design Winners Cho...

29

May 2015

Developing Countries Becoming ...

28

May 2015

Marks & Spencer Joins RE10...

28

May 2015

154 US Cities Ranked For Bikea...

27

May 2015

New Protected Bike Lane Reduce...

27

May 2015

Raised Bike Lane To Be Built I...

27

May 2015

Solar Power Supporting Relief ...

26

May 2015

Australian Tram Network Could ...

26

May 2015

Salt Lake City Will Be First U...

25

May 2015

ACWA Power–Led Consortium Ac...

25

May 2015

Solar Panels On Dutch Bike Pat...

20

May 2015

Report: 100% Renewable Energy ...

20

May 2015

Schneider Electric Unveils And...

14

May 2015

Brazilian State Minas Gerais T...

14

May 2015

Smart Inverters, The Need Of T...

13

May 2015

Turkey Approves Additional 302...

31

Aug 2014

Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

31 August 2014 | Posted by Zachary

Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

Daimler & BYD's joint Denza electric vehicle is now reportedly being produced in China. It should hit the market in September.

Daimler, a German company, and BYD, a Chinese company, created the joint venture Shenzhen BYD Daimler New Technology Co., Ltd., last year. The Denza, a 100% electric vehicle, is being produced in Pingshan, Shenzhen. The faactory has the capacity to build 40,000 electric cars per year.

With BYD having 37% of the Chinese electric car market this year, more than any other company, it's a good partner for Daimler. Setting up the joint venture also helps a great deal with Chinese policies. "Domestic production will help Daimler evade China’s 25% export taxes, in addition to the value added tax and consumption tax, which combine to substantially raise model prices," Trefis notes.

China is a bit of a sleeping giant in the electric car market. In 2012, it announced an aim to have 500,000 electric vehicles on the road by 2015, and 5 million by 2020. Only 17,600 were sold in 2013.... With such a huge gap between sales and ambitions, the Chinese government is increasing incentives, trying to convince provinces to make their incentives more inclusive (at least, for products made in China), and installing a lot of charging stations.

"As the country looks to persuade consumers to purchase environmentally-friendly electric vehicles, government subsidies could lower the 369,000 yuan (around $60,000) starting price for a Denza by around 110,000 yuan, almost 30%. In addition, starting next month, China will also exempt new energy vehicles, including plug-in electric and hybrid-electric and fuel-cell vehicles, from a purchase tax. This will further lower prices for Denza and make the high-priced electric vehicles more affordable for customers."

Furthermore, the government has just announced plans to pump 100 billion yuan ($16 billion) into the installation fo EV charging infrastructure.

Some provinces are making strong moves in support of electric vehicles as well. For example, the city of Shenzhen recently passed a law requiring that all new apartment buildings or condos include EV charging stations for each parking space in the project.

Taking everything into consideration, I think electric vehicles will have a strong future in China. With BYD having such a strong presence in the country (a few years ago, self-made Chinese billionare Wang Chuan Fu, who is the CEO, chairman, founder, and president of BYD, was actually the richest man in China), I think Daimler, which is already doing well in China because of its strong Mercedes brand, made a good decision teaming up with BYD.

Image by Shenzhen BYD Daimler New Technology

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Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

31 Aug 2014 | Posted by Zachary

Daimler & BYD's joint Denza electric vehicle is now reportedly being produced in China. It should hit the market in September.

Daimler, a German company, and BYD, a Chinese company, created the joint venture Shenzhen BYD Daimler New Technology Co., Ltd., last year. The Denza, a 100% electric vehicle, is being produced in Pingshan, Shenzhen. The faactory has the capacity to build 40,000 electric cars per year.

With BYD having 37% of the Chinese electric car market this year, more than any other company, it's a good partner for Daimler. Setting up the joint venture also helps a great deal with Chinese policies. "Domestic production will help Daimler evade China’s 25% export taxes, in addition to the value added tax and consumption tax, which combine to substantially raise model prices," Trefis notes.

China is a bit of a sleeping giant in the electric car market. In 2012, it announced an aim to have 500,000 electric vehicles on the road by 2015, and 5 million by 2020. Only 17,600 were sold in 2013.... With such a huge gap between sales and ambitions, the Chinese government is increasing incentives, trying to convince provinces to make their incentives more inclusive (at least, for products made in China), and installing a lot of charging stations.

"As the country looks to persuade consumers to purchase environmentally-friendly electric vehicles, government subsidies could lower the 369,000 yuan (around $60,000) starting price for a Denza by around 110,000 yuan, almost 30%. In addition, starting next month, China will also exempt new energy vehicles, including plug-in electric and hybrid-electric and fuel-cell vehicles, from a purchase tax. This will further lower prices for Denza and make the high-priced electric vehicles more affordable for customers."

Furthermore, the government has just announced plans to pump 100 billion yuan ($16 billion) into the installation fo EV charging infrastructure.

Some provinces are making strong moves in support of electric vehicles as well. For example, the city of Shenzhen recently passed a law requiring that all new apartment buildings or condos include EV charging stations for each parking space in the project.

Taking everything into consideration, I think electric vehicles will have a strong future in China. With BYD having such a strong presence in the country (a few years ago, self-made Chinese billionare Wang Chuan Fu, who is the CEO, chairman, founder, and president of BYD, was actually the richest man in China), I think Daimler, which is already doing well in China because of its strong Mercedes brand, made a good decision teaming up with BYD.

Image by Shenzhen BYD Daimler New Technology

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